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Liberty NewsWire: June 20, 2012
U.S. Federal Reserve officials extended through the end of the year a program meant to drive down long-term interest rates and signaled that they were "prepared to take further action" if needed amid heightened worry about the economy's performance. By continuing the program, known as "Operation Twist," the Fed will buy $267 billion in long-term […]
Regretting Intervention
The United States is looking foolish right now as the U.S.-backed revolution in Egypt is turning into a fiasco. The Egyptian Military has recently seized control over the government amidst democratic elections in the country, and if the military does decide to relinquish power as they have promised, it appears as if the winning party […]
Liberty NewsWire: June 19, 2012
The Obama administration in March formally released $1.3 billion in military aid for Egypt despite Cairo's failure to meet pro-democracy goals, saying U.S. national security required continued military assistance. U.S. Secretary of State Hillary Clinton waived congressional conditions imposed late last year that tied U.S. aid to progress in Egypt's transition to democracy following Mubarak's […]
